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Nov 29, 2012
11/12
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will hit showrooms in california and oregon next summer. engineers are still testing the pure plug-in so general motors can't say yet how many miles the sub-compact will get on a single charge. what it can say is new technology will allow for faster charging. the spark won't be cheap. with tax incentives, the car's sticker price will be about $25,000, double the price of the gas-powered version. >> when you look at the functionality that this vehicle has and the range we offer-- which we believe is the top of its segment-- it is going to be extremely competitive from a price perspective. you're always going to pay more for an electric vehicle than you would for a traditional vehicle with a gas engine. >> reporter: general motors has placed a huge bet on electric vehicles, hoping they'll help the company reach the government's 50-mile per gallon corporate average fuel economy requirement in 2025. but so far, interest in e.v.s has been lukewarm. g.m. launched the electric hybrid volt nearly two years ago, but so far the company has sold only
will hit showrooms in california and oregon next summer. engineers are still testing the pure plug-in so general motors can't say yet how many miles the sub-compact will get on a single charge. what it can say is new technology will allow for faster charging. the spark won't be cheap. with tax incentives, the car's sticker price will be about $25,000, double the price of the gas-powered version. >> when you look at the functionality that this vehicle has and the range we offer-- which we...
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Nov 8, 2012
11/12
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slashing management jobs by 30%, consolidating business units and closing some defense facilities in california. boeing hopes to cut costs by more than $1.5 billion over the next two years. >> susie: boeing shares got caught up in the market downdraft, tom, falling 2%, and it had plenty of company. all 30 of the dow components were in the red today. >> there was a lot of red on the screen this post-election day. in europe, and also earnings, all getting mixed in here. let's get under way with tonight's market focus. >> tom: stocks dropped right from the opening bell today as investor focus shifted beyond election day. the s&p 500 opened down, and fell to its lowest price of the session just before noon eastern time. the pressure was steady throughout the afternoon hours, with the index finishing lower by 2.4%. today's drop in s&p 500 is its sharpest sell-off in four and a half months. it takes the index down to a level last seen in august. trading volume was heavier. 875 million shares on the big board. just over two billion traded on the nasdaq. leading the sell-off, the financial sector falli
slashing management jobs by 30%, consolidating business units and closing some defense facilities in california. boeing hopes to cut costs by more than $1.5 billion over the next two years. >> susie: boeing shares got caught up in the market downdraft, tom, falling 2%, and it had plenty of company. all 30 of the dow components were in the red today. >> there was a lot of red on the screen this post-election day. in europe, and also earnings, all getting mixed in here. let's get...
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Nov 3, 2012
11/12
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fuel sales fall, hit by hurricane isaac in august, legal troubles in brazil and a refinery fire in california. shares fell 2.8%, closing at their lowest price since july. two bright spots for chevron were its smaller refineries processing cheaper oil from montana and north dakota. meantime, chesapeake energy fell to a three month low, down 7.9%. the company has been trying to reduce its massive debt load. today the company said it may delay cutting its i.o.u.'s into 2013. the prospect of the delay was met with selling. you may have missed it but the ipad mini went on sale today. apple's newest product didn't have the usual hoopla. still, analyst expect apple to sell one million or more of the devices during its first weekend on the market. apple stock continued its sell- off that began in the days after its iphone five announcement in september. today, shares fell 3.3%. they are down 18 percent from their all-time high in six weeks ago. solar stocks were not shining for the technology industry today. first solar dropped 8.9%. it cut its full year revenue forecast blaming disruptions in its su
fuel sales fall, hit by hurricane isaac in august, legal troubles in brazil and a refinery fire in california. shares fell 2.8%, closing at their lowest price since july. two bright spots for chevron were its smaller refineries processing cheaper oil from montana and north dakota. meantime, chesapeake energy fell to a three month low, down 7.9%. the company has been trying to reduce its massive debt load. today the company said it may delay cutting its i.o.u.'s into 2013. the prospect of the...
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Oct 5, 2012
10/12
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two former mcdonald's executives launched lyfe kitchen last year in palo alto, california. now, they plan to take the restaurant and "it's good for you" menu nationwide. diane eastabrook has more. >> reporter: lyfe kitchen opened in the heart of silicon valley a year ago. lyfe, an acronym for "love your food everyday," serves up burgers, fish tacos, breakfast sandwiches, salads, even organic beer. yet nothing on the menu is over 600 calories it's the brainchild of two former mcdonald's executives and an investment banker. they've rolled out frozen lyfe meals, and next week break ground on a second store near los angeles. in his chicago office today, co- founder michael donahue told me there will be a lot more to lyfe. >> we're looking at new york, we're looking in chicago, and we're looking at a few other major markets. if i put the map on the wall, you could pick them. >> reporter: obviously, in california, you have people who are more health conscious, so this kind of idea would sell very well there. but can it sell in the midwest? can it sell in the east coast? can it se
two former mcdonald's executives launched lyfe kitchen last year in palo alto, california. now, they plan to take the restaurant and "it's good for you" menu nationwide. diane eastabrook has more. >> reporter: lyfe kitchen opened in the heart of silicon valley a year ago. lyfe, an acronym for "love your food everyday," serves up burgers, fish tacos, breakfast sandwiches, salads, even organic beer. yet nothing on the menu is over 600 calories it's the brainchild of two...
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Sep 5, 2012
09/12
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for 25 years it's been my privilege to represent the city of san francisco and the great state of california. [cheers and applause] to work to strengthen our vibrant middle class and to secure opportunity and equality. we all stand together in our drive for 25, 25 seats to win back the house for the democrats. as we reelect president barak obama, president of the united states. democrats believe in reigniting the american dream by removing barriers to success and building ladders of opportunity for all. so that everyone can succeed. jobs are central to the american dream. and president obama has focused on jobs from day one. under president obama we've gone from losing 800,000 jobs a month to adding 4.5 million private sector jobs over the last 29 months. the american dream is about freedom. jobs means freedom. for workers to support their families. working with president obama, democrats passed a lilly better pay fair act to strengthen women's rights in the workplace. we repealed don't ask don't tell so our troops can serve the country they love regardless of whom they love. we made college
for 25 years it's been my privilege to represent the city of san francisco and the great state of california. [cheers and applause] to work to strengthen our vibrant middle class and to secure opportunity and equality. we all stand together in our drive for 25, 25 seats to win back the house for the democrats. as we reelect president barak obama, president of the united states. democrats believe in reigniting the american dream by removing barriers to success and building ladders of opportunity...
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Sep 5, 2012
09/12
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. ♪ ♪ ( cheers ) >> hello, california! >> ifill: this is congresswoman bass from california. >> i stand before you today, i stand before you today as a proud member of the congressional black caucus and former speaker of the california state assembly ( cheers and applause ) 27 years ago in the face of opposition from those who said states should have the right to discriminate, america passed the voting rights act of 1965. people of all races, religions, and backgrounds joined together and fought for that law because every one of us deserves a fair shake and a fair chance at achieving our version of the american dream. the right to vote gives us the power to take our future into our own hands. we must use that power today so that we do not lose it tomorrow. ( applause ) today, one of the darkest shadows of the past century is creeping into this one. one of our most basic rights, the right to vote, a right that we fought for and won, is under attack. throughout the union, governors and legislators have proposed or passed law
. ♪ ♪ ( cheers ) >> hello, california! >> ifill: this is congresswoman bass from california. >> i stand before you today, i stand before you today as a proud member of the congressional black caucus and former speaker of the california state assembly ( cheers and applause ) 27 years ago in the face of opposition from those who said states should have the right to discriminate, america passed the voting rights act of 1965. people of all races, religions, and backgrounds...
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Sep 4, 2012
09/12
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will hear from senate majority leader harry reid of november and house minority leader nancy pelosi of california. later on there will be video tributes, the first to fermenter president jimmy carter and one to the late senator edward kennedy of massachusetts. and of course much later tonight as judy mentioned, the keynote from the 37 year old mayor of san antonio texas, hoolian julit trocastroand michelle obama, tht lady of the united states. >> woodruff: mark shields and draifd brooks were with us last weak in tampa and they are here with us in charlotte. what does this line up tonight say to you what the democrats, what barack obama wants to accomplish. >> michelle obama isç obviously the mostç interesting one. just as romney needed to be, still president obama needs to be humanized a little. he's a bit ensue her. motivation behind healthcare and the turmoil to do a lot of things; even though the overall rates is high and has been phenomenally favorable, the favorable or unfavorable rated has shifted quite significantly. an abc pofl has obama's unfavorability among women going up by 11 poi
will hear from senate majority leader harry reid of november and house minority leader nancy pelosi of california. later on there will be video tributes, the first to fermenter president jimmy carter and one to the late senator edward kennedy of massachusetts. and of course much later tonight as judy mentioned, the keynote from the 37 year old mayor of san antonio texas, hoolian julit trocastroand michelle obama, tht lady of the united states. >> woodruff: mark shields and draifd brooks...
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Sep 4, 2012
09/12
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women in the party, are senator kirsten gillibrand, of new york, and kamala harris, attorney general of california. welcome to you both. senator gillibrand, i'm very curious about what you thought about what ray just talked to you about emily's list, whether women are really running, whether they inspire you. >> yes, and this year, specifically in this u.s. senate we have 11 women running for the senate, the most ever. we have six incumbents and five challengers but it's not surprising because we have patti murray, the chair of the d.c.s.s. who looked for the candidates and found strong women challengers and a couple of those seats are pickup seats for democrats. >> woodruff: i want to ask you both about women voters because we've heard the republicans say last week that, yes, the democrats argue they're better for women but in fact women have been most affected by this bad economy attorney general kamala harris, don't they have a point? >> women are no different from anyone. women do have the responsibility for raising families and taking care of seniors and aging parent but women care as much ab
women in the party, are senator kirsten gillibrand, of new york, and kamala harris, attorney general of california. welcome to you both. senator gillibrand, i'm very curious about what you thought about what ray just talked to you about emily's list, whether women are really running, whether they inspire you. >> yes, and this year, specifically in this u.s. senate we have 11 women running for the senate, the most ever. we have six incumbents and five challengers but it's not surprising...
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Aug 28, 2012
08/12
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a few minutes ago he talked to california congressman kevin mccarthy. he's the republican whip and that's an office not a tool in the house. jeff. >> brown: i'm here with kevin mccarthy one of the top leaderships in the republican congress. what do you think is the biggest challenge for the party here at the convention? >> i think our challenge is just delivering a message. a message of what we believe america should look like and moving forward. a lot of people still don't know mitt romney, do not know his background and do not know the history of job creation he's done or the person of who he is from a character setting. i think tonight's going to start that message. in fact there's some sense he's had, if he's had a problem it's connecting i guess with people, right and letting them know who he is. >> i don't know so much of connecting who he is. what we're dealing with now is we have a current sitting president and we know what his economic policies are and it's driving us in the wrong direction. so the cowan tree is now massachusettsing and saying
a few minutes ago he talked to california congressman kevin mccarthy. he's the republican whip and that's an office not a tool in the house. jeff. >> brown: i'm here with kevin mccarthy one of the top leaderships in the republican congress. what do you think is the biggest challenge for the party here at the convention? >> i think our challenge is just delivering a message. a message of what we believe america should look like and moving forward. a lot of people still don't know...
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Aug 25, 2012
08/12
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bernanke's comment came in response to questions from california republican darrell issa, chairman of the house oversight committee. bernanke added that the benefits need to be balanced against their potential costs and risks. the possibility of more stimulus from the central bank gave investors hope and stocks spiked after that august 22 letter was made public this afternoon. the dow rose 100 points. the nasdaq added 16 and the s&p gained nine points. but in spite of those gains, all three of the major indices were down slightly on the week, their first negative week in a month- and-a-half. robert brusca doesn't believe bernanke will unveil any new policy moves when he speaks at a federal reserve conference in jackson hole wyoming next friday. he's chief economist of fact and opinion economics. bob, nice to see you. you know, people are really expecting something important from bernanke next friday, and in fact, the title of his speech, i understand, is, "monetary policy since the great crisis." you're doubtful that anything big is going to come out of this. tell us why. >> well, you
bernanke's comment came in response to questions from california republican darrell issa, chairman of the house oversight committee. bernanke added that the benefits need to be balanced against their potential costs and risks. the possibility of more stimulus from the central bank gave investors hope and stocks spiked after that august 22 letter was made public this afternoon. the dow rose 100 points. the nasdaq added 16 and the s&p gained nine points. but in spite of those gains, all three...
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Jul 6, 2012
07/12
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mike hegedus, "n.b.r.," petaluma, california. >> tom: tomorrow on "n.b.r." in a word: jobs. tomorrow's june report on employment is critical for everyone from washington to wall street to main street. we'll ask economist mark zandi, what employment says about the u.s. economy. then tomorrow's "market monitor" guest thinks it's time to buy in europe. we'll talk to janney montgomery scotts, mark luschini. >> susie: that's nightly business report for thursday july 5. have a great evening everyone, you too tom. >> tom: good night susie and everyone. we'll see you online at: ere.nbr.com and back tomorrow night. "nightly business report" is brought to you by: captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> join us anytime at nbr.com. there, you'll find full episodes of the program, complete show transcripts and all the market stats. also follows us on our facebook page at bizrpt. and on twitter @bizrpt.
mike hegedus, "n.b.r.," petaluma, california. >> tom: tomorrow on "n.b.r." in a word: jobs. tomorrow's june report on employment is critical for everyone from washington to wall street to main street. we'll ask economist mark zandi, what employment says about the u.s. economy. then tomorrow's "market monitor" guest thinks it's time to buy in europe. we'll talk to janney montgomery scotts, mark luschini. >> susie: that's nightly business report for...
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Jun 29, 2012
06/12
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so how does one family-owned and operated restaurant operation in northern california keep expanding? with tonight's "made in america," mike hegedus tells us the secret really is in the sauce. >> reporter: it is that all- american recipe for success; hard work, quality product, loyal customers and one special, secret ingredient, it's the sauce. it really is. >> my grandmother told me to never, never, never, tell anyone the recipe for the sauce. and if i did, i'd be kicked out of the family. >> reporter: if the sauce is the key then what it has opened is the door to success for everett & jones, arguably the best known barbecue restaurant chain in northern california, five outlets, with this, the jack london square location in oakland, the largest. it is owned and operated by dorothy king-jernegan and her children, four daughters and two sons. business acumen passed, generation to generation. >> consistency, that's the key to having a successful business. >> knowing the history, i love it. >> reporter: it is a history that stretches back to a shoeless family in rural alabama. one that m
so how does one family-owned and operated restaurant operation in northern california keep expanding? with tonight's "made in america," mike hegedus tells us the secret really is in the sauce. >> reporter: it is that all- american recipe for success; hard work, quality product, loyal customers and one special, secret ingredient, it's the sauce. it really is. >> my grandmother told me to never, never, never, tell anyone the recipe for the sauce. and if i did, i'd be kicked...
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Jun 22, 2012
06/12
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this is now, distribution border to border in california with expansion on track for the entire pacific northwest. that said, how do you keep the small in small batch? >> were gonna grow, that's gonna happen. with a great product, getting it out there. but were still producing it in relative small batches relative to the rest of the industry. as long as we're stringent in our belief and we adapt the same business model in other regions, source locally, for example we're going to pacific northwest, we're going to produce there, procure our ingredients there and we're only going to ship to that region. >> reporter: buy local, make local, eat local. a slow food mantra, for the animal kingdom. quality ingredients, made locally, what more do you need? ask him. mike hegedus, "n.b.r.," san francisco. >> susie: that's nightly business report for thursday, june 21. have a great evening everyone, you too tom. >> tom: good night everybody, we'll see you online at: www.nbr.com and back here tomorrow night. "nightly business report" is brought to you by: captioning sponsored by wpbt captioned by med
this is now, distribution border to border in california with expansion on track for the entire pacific northwest. that said, how do you keep the small in small batch? >> were gonna grow, that's gonna happen. with a great product, getting it out there. but were still producing it in relative small batches relative to the rest of the industry. as long as we're stringent in our belief and we adapt the same business model in other regions, source locally, for example we're going to pacific...
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Jun 7, 2012
06/12
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. >> tom: president obama is in california tonight while mitt romney is in texas, both attending campaign fundraisers. we take a look at the key swing state of virginia, as we continue our look at the election, jobs and the economy tonight. the unemployment rate in virginia is just 5.6%, well below the national rate. that makes the state competitive for president obama, but as darren gersh reports, that is only half of the story. >> reporter: there are really two virginias. the north is barack obama's virginia; urban, diverse, high tech and highly educated. as home to the pentagon, virginia receives more federal spending than any other state, and three out of every four of those dollars ends up here, in northern virginia. that may explain why students in the area are willing to give the president the benefit of the doubt. >> given the state of the united states and the economy that he came in with, he's done a wonderful job so far. it wouldn't have been easy to turn this around no matter who was elected. >> reporter: but the president isn't taking votes here for granted. since he was elec
. >> tom: president obama is in california tonight while mitt romney is in texas, both attending campaign fundraisers. we take a look at the key swing state of virginia, as we continue our look at the election, jobs and the economy tonight. the unemployment rate in virginia is just 5.6%, well below the national rate. that makes the state competitive for president obama, but as darren gersh reports, that is only half of the story. >> reporter: there are really two virginias. the...